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the government fears contagion. it starts doing naughty things. this is limiting how much those folks can take out once they can get out the money. it is enacting sweeping measures that are raising eyebrows worldwide. banks rethinking even being there. paying customers wanting to get out of there. it is a mess. in these next 72 hours, cyprus officials are very lelia. they are working overtime to contain this mess. let me put it this way. cyprus is no longer an island. cyprus is a tsunami. it scares me customers worldwide. that is what they are hoping to avoid this weekend. it depends on whether they deal with this. going to john brown, and our own nicole petallides on whether they can and will. nicole kno of what she speaks. her parents are from cyprus and she has visited there many times or so. these are wholly times. >> i am so glad that you're painting it in the proper way. this is .2% of europe's gdp. it is a small island and it is being menial to so many. but it paints a picture of what is going on there. which is catastrophic. you go in there and you are talking about confiscating peles
contracts? if they agree what business is a the government to interfere? >> the also got 14 year-old son of the cold wind. there has to be appointed. >> this is the 21st century. john: if you volunteer is that freedom? >> i grabbed as a liberal in the '60s now i am a libertarian democrats these to be press secretary because i in understand the argument how we exploit workers of the world that they need to have the backing of the government demand john pay his interns but these people are not so stupid they cannot decide if they are exploited. it is a contract that is understood. >> no coercive power is used it as a libertarian stream -- dream. john: the obama labor department can now with the explit rules if you don't pay them there is criteria. the employer derives no immediate advantage. [laughter] on occasion the operations must be impeded? i had in turn to impede did my work i tried to get r of them. >> if fox wanted you to do a news show and said do it underpaid and then we throw use and academic credit then we will decide. would you except that? john: maybe not at this point* in my
, rangery. they're if disbelief over this decision that was struck between the government and brussels leaders on saturday morning. but it's not just the people who are angry. it's also the politicians. many politicians in this 50/60 parliament in cyprus have said they would reject the bailout package because of the hugely unpop already deposit tax. press reports indicate that up to three parties could be volting against the bailout deal, which will be voted on in parliament later today. that's the debate and the vote are expected to kick off around 4:00 p.m. local time. so what the president is trying to do at the moment, he's trying to pure swede the members of parliament that this is the only solution going forward. if they vote against the bailout deal, the only alternative is bankruptcy for this country in the next couple of days. but it's going to be very, very crucial for the president to strong arm the other members of parliament into a positive decision on the bailout deal because at this point in time, he does not have a clear majority in parliament. he only has 20 seats. and
to suing the very government ta bailed his firm out, if you wondered, what about bob? tonight is your chance to hear from bob. on that suit and whether he is in. man many argue is at center of it or not, robert ben mo shea coming up. before that. forget about digging out. on this spending thing washington is digging in. welcome i'm neil cavuto it is one thing for nancy pelosi to say we don't have a spending problem for the president to say there is really no great urgency to balancing the budget or harry reid saying there is no rush too deal with entitlements this year. but for house democrat to double down on spending stupid by pushing more stupid spending, well, you got to wonder. but this is true, they want more stimulus about $200 million more, who can blame them, clearly none of their leaders are trying to stop them or remotely discourage them. and members of pear are not block -- of their party are not exactly blocking them. i don't think their intention was to encourage this. they run for a immediate nicotine spending rush any time they can get it, they d got it,n them for push
were today. a familiar budget plan, the nuts and bolts programs of the government. it is cruising for passage in the tea party flavored house. wow, that is supposed be a news piece. the law undream line of what was supposed to be a tax piece. it restores my of the cruel automatic spending cuts. all is missing is a line like thank god for the democrats. then it was also considered a cheese head. it starts out fair and factual enough under the rhine plan, the government subsidizes it. the only famous unnamed critics who say all of this would mean ever shocking. he is heartless and soulless and probably the double in pinstripes. it is one thing when they say it was all but a sham. it is another thing for them to prove that it is an even bigger sham. they are darn near inbred watching politicians who continue to say that we don't have a spending problem. and one that is only trying slow down the growth of the spending. fair and balanced. try over and out. dick armey says that he is over the top of the house of representatives. i am not saying give republicans a pass. i am saying to t
and will reveal his plans for future public service to us in just a few moments. >>> and government payroll has dropped 37,000 since the recession bottom, but private jobs have rocked 5.2 million higher. as i've said many times, lower spending and limited government, including government jobs, is good for the private economy. that is the real engine of the economic prosperity. >>> plus the supreme court this week will hear two important cases concerning same sex marriage. shouldn't the black robe masters leave the important social decisions to the states and their democratically elected legislatures or referenda? let the people decide. "the kudlow report" begins right now. >>> first up, in recent weeks, he's become a conservative super hero icon. that following his triumphant speeches at the national prayer service and the cpac political conference. dr. ben carson has a message to roll back obama care, deal with the crushing national debt, and even a bib llically based call r a flat tax. that's what i love. is he the conservative that can save the gop? here is the aforementioned dr. ben carson.
has already used weapons of mass murder. >> the rebels say the government unleashed the chemical weapons. the regime leaders claim they are the real victims here. now, an international investigation into a possible crime against humanity. the apollo rockets brought mankind to the moon. but the rocketd engines fell back to earth. tonight, the mission to recover them from the ocean depth. and animal abuse caught on camera. now, a beach closed down because of what workers saw these women doing to some seals. with or without food. my doctor recommends citracal maximum. it's all about absorption. ♪reflective guitar♪ tony stewart: time teaches you things. you learn to look up to people with the courage to do what they love. that it's more than just a living, it's life. and in that time i've found that's the difference between leaders and everyone else. you'll have to pay five hundred bucks for your deductible. the truth? at allstate, you could pay zero. allstate gives you a hundred dollars off your deductible the day you sign up. then another hundred off every year you don't have a
at all. just put into law with his signature. these are democrats. this is their idea of government. everybody in the country needs to be paying attention to what the democrats and in some cases a handful of republicans are doing. at a time when we should be talking about transparency on the issues of our time. we are simply being brushed aside by imperious and elitist government. just a few days later, lawmakers admitted they were adopting law enforcement officers. imagine not. a month later, they said they wanted to use banned assault weapons. earlier this week, governor cuomo admitted that he had to amend the law. because it bans the sale of this. they didn't even think about that. the idiocy of the whole process is astounding. new report out today saying that governor cuomo is trying to lure the "tonight show" back to manhattan. that is right, nbc with three shows is trying to, well, basically dump the host of one of their three winning shows. these are brilliant people. right and to get the show back to manhattan providing 30 percent tax break if it decides to leave to caper bu
. the government has three days left now to raise the almost $6 billion euros to needed to secure an incident ur national bailout. carolin roth is in the cypriot capital. carolin, it looks like there's not going to be this parliamentary session at this point. when can we expect the cypriots to put forward their latest plan? how are they going to come up with 30% of gdp? >> that's a very good question, kelly. first of all, it has been delayed by more than an hour now. we're hearing it could be delayed by another half hour, one hour. one of the lawmakers was walking into the parliament told me things are looking very, very bad at this point. they're going to be debating and voting on the three bills. the first one is the most contentious one. it's the banking bill. they're talking about winding down cyprus's second biggest banks which is going to be split into a good bank and a bad bank. the second bill is going to be on the called solidarity fund. among other things, this includes the nationalization of pension funds. the third one is a bill on capital controls which would be implemented once thi
that the government bonds won't be touched. so at the end of the day, it's completely different in respect of what's happening. >> the keeping is whether the read through -- what the principles -- when draghi said we'll do whatever it takes, they will do whatever it takes, including rewriting the rules, ignoring democracy, whatever it is, we will do whatever it takes. >> we started at the beginning of the crisis, no? whenever you need something, you do it. and despite it being difficult or anti-economical or not really democratic, it's going to be taken to try to save what is -- what looks to be good for the country. >> plenty more to come from you. meanwhile, let's just remind you what's happening in the asian session. they were trading on the way up to this cypriot deal. li sixuan has more for us out of singapore. >> thank you, ross. nice to see you. the cypress deal in brussels spelled relief for most asian bourses with the japanese market leading the charts. and the nikkei 225 rebounded 1.7% after the 2.4% drop last friday. financials made a comeback with exposure in europe. also got a boost w
have been down. i don't know if you want the government to tell the cruise ships what they should be doing, they will be losing ticket sales if they don't get their act together with the cruise ship. >> at the same time if this is going to take affect out ask you have a citizens bill of rights protecting us all from chuck schumer. what about that? no more sunday press conferences, and that ought to make him mandatory in the first one to sail on the new carnival triumph once it is ready. melissa: he would go and test out the ships to see if they work before we go out there. that is what i want you to do, go test the ship for us. i love it, let's end on that one. we will see you back here tomorrow. here comes "the willis report." gerri: hello, everyone. tonight on "the willis report." shock waves in the market, cyprus looks to move two sees money in the bank accounts they can pay their debt. could that happen here? and people who cannot pay and penalizing those who do pay. an actual plan being drawn up, and a new business boom with a royal twist, the rush to get kate middleton. "the
not like the government isn't assigned to monitor this. >> in 2007 the cdc found these smaller companies have less stringent regulations and lower quality control. there is no doubt this is a major problem that has to be addressed. gerri: you are right in the middle of this. >> i try not to take medications from the smaller pharmaceutical companies, or try to find out where they are coming from and i refuse medication for my compounding company and wait until we can get it from a major company. pity they should be required to get involved and take a load off of some of these companies with less stringent requirements. gerri: i used to be more popular, now they are less popular, growing yet again. now we have 17 state laws making their way through state legislatures to answer to this question, but that can take a long time. what do you recommend consumers to do right now? >> they have to basically check with their doctors, check whether hospitals and see if they can checkout. start raising the questions now. gerri: thank you for coming on. i appreciate your time, thank you. you are used t
the threat of a government shutdown next week. not shutting down the whole federal government used to be the kind of thing you could reasonably expect from your congress, the kind of thing they get done as a matter of course. under house speaker john boehner, not shutting down the government has become a notable achievement for this congress. mazel tov on that. a low bar. >>> house republicans also voted today again for the paul ryan budget. democrats are very excited about that because they plan to use that vote against republicans in campaign ads for the next election. we have the one and only ezra klein here momentarily to sort out what's important about what they just voted on in congress and whether we just avoided one of the cliff slash ceilings clash crisis congress now schedules for us every few weeks and whether the way they avoided this next one is itself important. there's a lot going on in the news. we have a lot ahead. we begin tonight with late breaking and rather surprising news from the democratic leader in the senate, senator harry reid. following two days of angry
'm not against any kind of checking, i would prefer the government to be the policeman and not the business man. it is rare, whether it happens, business men who have expenses to do this or whether government should do it. >> chris: let's talk about your idea which is important to you, it should be congress. according to the gang of 8 plan, it would be governors and a commission and they'd decide whether or not the border is secure. you want congress to get into this. and there are some republicans who say you are setting up the g.o.p. for a fall because it will be a vote in congress and it will be political. a lot of republicans will say, gee, we are not satisfied with border security. and, that will only increase their sense of separation from hispanic voters. >> i would argue the opposite. i would argue that you are only going to get the conservatives, particularly a republican house, to pass immigration reform, if we as conservatives are reassured that the border is controlled and that we get their vote on whether -- to vote on whether the border is controlled. we have not believed in the p
the budget because the only way you really can make an impact on government is by understanding the budget. and for this president to be in office for five years, not be able to get a budget done on time, really tells us that he has no interest in our economy, he has no real interest in straightening out our budget problems. i don't know what his priorities are, but they certainly aren't straightening out the tremendous debt that we've accumulated under his presidency. >> greta: and the senate should note that other presidents should know that other presidents have been late, but this is the first time the president didn't get the budget before the house and senate and we waited and supposed to get it early april, but maybe. mayor, listen to this the national debt we all owe stands at more than 16 trillion dollars, so are president obama and speaker of the house, john boehner, both in denial or are they drinking the same stuff? >> i think it's important to recognize is that we've already cut 2.5, 2.7 trillion dollars out of the deficit. if the sequester stays in you've got over 3 1/2 trill
a high public opinion approval rating in israel will make the prime minister and the israely government more carol abo-- mor about standing up to him. >> i want to continue this idea that they will not be able to discuss anything. am i dreaming, aren't they going to talk about the iran threat and syria and the massive problems there and egypt. the region in some sense is unraveling, dan, president obama knows that. prime minister netanyahu knows that. cou so, can they get manage out of this? >> there's a lot to talk b but a lot of it is relationship repair. the first term the president, to borrow his phrase, he pursued a strategy in the middle east in which he wanted distance. he said that his u.s. relationship was perceived to close to the prime minister of israel. and so they needed to create space. here he is four years later, nothing to show for it, there's trust issues between the president and the palestinian leaders, so he is trying something different. coming to israel. bear hugging them and sending a message that they are close. as it relates to specifics, absolutely they will
. >>> will the federal government begin stealing our money? yes! this late it's economic theory not of taxation, but outright theft was being discussed, but the cypriot government tried to introduce a new tax. though it was soundly rejected by the parliament, this didn't stop one particular television network from implying it might someday be proposed here in the united states. this nonsensical nothing was then followed by the asking of a question that appeared to come out of the nowhere. >> a research in killing jesus, do you know why jesus was killed? by the romans? >> that question has been considered by some of the finest theological minds in history. and it will be expounded from pull pits around the nation as we approach easter sunday. but all of them have clearly missed the point, according to mr. o'reilly. >> you don't know and shouldn't know, because it was about taxes. >> you don't know and you shouldn't know, because it was about taxes. now, as anyone with a modicum of biblical history will tell you, the death of christ was an act of substitutionary atonement. he neither lived nor di
should be fine. >> the concern is among americans that if a government can go in and take money out of your bank account, that that could end up happening here some day. >> in some ways, heather, you could argue it's already happening here. we don't use the word tax. we don't use the word levy here. >> we don't use the word compensation. maybe we should. >> not getting anything and your costs rupp. low interest rates and inflation. >> keep an eye on this. thank you so much. vera givens great having you. a teenager hiding from burglars inside her own home not able to speak while she calls for help. listen to. this you can tell me you but not open the door? >> we will tell you how this lady saved herself and her family. a mother is furious after discovering her son is learning propaganda about the 9/11 terror attacks. wait until you hear hot teacher is blaming. plus, first on this day in history back in 1986, hearts these dreams. it hit number one on the single. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinkin
's a holiday here on monday. that would give the government five more days to either get money out of russia or come up with some other way to solve the math here. remember when the end game is. this country asked for 17 billion euros from other european countries and they said we're not going to give you that much. we'll only give you 10 billion euros. we'll help you out with recapitalizing the banks but you guys have to come up with nearly 6 billion on your own and really the only place to get it is in deposits. we saw the parliament reject that last night. here's the one piece of insight that i can give you since being on the ground here. overseas everyone was aghast that would try to tax insured deposits. the vast majority of the cypriots we talk to are aghast at the concept of taxing any deposits even the wealthy. they see it as an attack on the business model of the country. and they don't want that to happen. where do you come up with the money is the question? guys, back to you. >> so many different angles as we go on. they'll take an american credit card. you're using credit cards a
threat that the u.s. government could come after our private bank deposits? yes, i do. they may not confiscate it as cyprus tried to do however there are plenty of ways to get at it. taxes, you're forced to invest in government securities and under the guise of the financial systems, yes, it's a valid concern and the bank defenders will not acknowledge it u and we've got the dow up 39, 40 points at the moment, a shrug from the stock market at the moment. >> yes, it is. stuart: you think this has no impact on the stock market, more on gold and banking stocks, you think? >> i think so, again, what it does, it calls into question the integrity of the financial community and that's what central bankers and legislators fear most. it's not the markets themselves, it's fear of the market and fear of stability because that is what drives confidence and one thing that bernanke can't afford to lose right now. stuart: here is what i think might happen. a no vote, the russians step in, europe says we can't have russia, and they step in. >> i think a power play and progression of events, but
. what i'm saying is from a government perspective in russia, addressing this in a broader issue and not just capital flight, do russians want 120 going out and 130 going back in. it underlines the fact that putin doesn't control a lot of money going out of the country. >> that's a good thing. it's a capitalist society. the situation between russia and cyprus is partly rich russians using cyprus. that's one thing to say. the second thing is the way russian companies are structured is the legacy of the fact that 10 or 15 years ago russians wanted to do business with the world but their own structures were so underdeveloped because they were so young because they had to use russia and they had to use cyprus. it isn't sustainable in the medium term. more and more of the market is coming back offshore. a major initiative to make moscow an international financial center. apart from that, you have to look at the diplomacy of this. it looks as if the deposit grab is being deliberately designed in order to tax russian companies and relatively wealthy russians. about a third of the deposi
the attitudes of -- >> you know what, the preachers, the rabbis, the government, the people who care about abortion rights, they got out of the pulpit this weekend and started issuing statements, try to avoid unprotected sex. you know what i mean? anyway, michael steele, stephanie, thank you. up next, the return of sarah palin means one thing, the return of tina fey and her fantastic impression. >> i address you as governor, you served only half a term so what's the right term to address? >> well, i tell yea, i don't know. i'm a half governor or you could call me a maverick at large. [ male announcer ] when it comes to the financial obstacles military families face, we understand. our financial advice is geared specifically to current and former military members and their families. life brings obstacles. usaa brings retirement advice. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talk
. trying to come to terms on keeping the government running. they want to get out of town. connell: one of berkshire hathaway's is here with us. dagen: twitter. seven years old today. happy birthday. connell: happy birthday, twitter. we have the money story behind the games and how it is torn apart. those stories and a whole lot more coming up on "markets now." ♪ dagen: it would also be one of the most famous racecar drivers birthdays of all time. it is top of the hour. nicole petallides is on the floor of the new york stock exchange. nicole: i have to tell you, the markets are pulling back. we hit a record all-time high on the dow jones industrials. only to see us pulling back today once again. the dollar remained higher today. the nasdaq remains down .8%. the dow and s&p are down about .5%. yesterday, we saw a broad-based gains. most of the names were higher. today, we are seeing much of the same. it is the other way around. most of the dow components are lower. ibm, hewlett-packard, intel, a lot of the attack names are leading the way to the downside. connell: going to breaking new
of a compromise before the deadline march 27 to avoid having a government shutdown. dagen: rich edson with the latest. rich: a number of different budget pieces coming into play on capitol hill. congress has to pass a spending measure a week from today. if they don't do that, the government shuts down. we can expect perhaps maybe by this evening the senate will do that and send that back over to the house. congress is set to go to congress next week so they have to get this done to avoid the government shutdown. the house has a budget, the senate has one, the fiscal year starts on october 1 to the ideas the house and senate will pass their budget in the next coming weeks and perhaps in the next coming years we could actually have a budget conference. negotiating one entire budget for the federal government was still working on the same old partisan divide. >> we are all concerned about the impact of the budget cuts. they are senseless and they are ridiculous, we should do away with them. >> the plan we're seeing from the democratic leadership is a failed plan for america. it does not
the government funded for another six months and it's chockful of pork goodies like watershed rehe billtation, environmental medication programs, whatever all that means. so, is this the march maddening group that will never get spending uer control? hi, everyone, i'm brenda buttner, this is bulls and bears. let's get to it. the bulls and bears, gary b smith, tobin smith, jonas max ferris. and john, is this madness? lawmakers are fighting over what to cut, they're reallocating funds for all that pork. >> yeah, this shows exactly how bad of a character our lawmakers have in d.c. look, we have no energy plan. our education system drops in world rankings, we have no jobs plan. we have no plan. we don't even have a budget and yet, these guys are still filling things with pork to get reelected. if you're in private practice and you take moneyupposed to go to some project and you build a fence around your house, whether that fence is good, makes your house look better and whether your neighbors like it, it's stealing and that's exactly what these guys are doing, it's called pork and it's stealing a
messages of its own. we have a new video that we found posted to a semi-official government web site in north korea. second one that we foupd that depicts a north korean attack on u.s. soil. the other which was posted to the same website last month showed a nuclear strike on new york city set to the song "we are the world." "out front" tonight, the ranking member on the intelligence committee joins us. good to see you, sir. i appreciate you taking the time. i want to ask you first about this video that we found, the second one as i said in over a month. these are propaganda videos put out by the government. but they're new. and just this week north korea said they could launch a preemptive nuclear strike against the united states. i mean you're on the intelligence committee. should the united states be seriously preparing for something even if it's a dirty bomb placed in an american city or is this all bluster? >> look, we have to be very serious about any threat attacking the united states or killing american citizens. and also as it relates to south korea, 100% with south korea. th
's employees will be gone. where the red assets are going to the bank of cyprus. the government spending cuts will have to come along with tax increases. this deal still hurts. >> i do not think there is any denying that the cyprus people will have to go through tough times and will suffer the consequences. we had to adjust over relatively a short period of time. rich: now the question is what does this mean for the rest of the euro zone? this, the bailout should be a template for the rest of europe and banks should be reduced. back to you. connell: rich edson lives in cyprus. trading halted in some of those italian banking stocks also added the comments in terms of a template. time to bring in axel merck. your thoughts? >> good morning. when someone screams fire, you do not want to shut the accident. halting stocks, i do not think, is helpful at all. i think it is rather responsible. the question is what will happen. obviously, investors are taking action. connell: you just look at the big board here in the united states and the green at the beginning of the day has now turned red. european
have been really concerned with what's going on, with a government that buys 1.2 billion bullets, hires 16,000 new irs agents, a government that's spent a trillion more than they earn than brought in, it doesn't help. the people in this country who are afraid of losing their rights and liberty, it's scary. stuart: i want debt center stage, and it's not. >> it's not. it should be. it might be likely limited, but it shows there's nothing above political meddling. what used to be taboo is your deposits are safe from taxation. stuart: the time is up, butdagen, connell it's yours. connell: thank you, sir. dagen: if you bail out those depositors, why shouldn't they have to pay something for the bailout? just asking. connell: whole hour to talk about it. connell: good morning, stuart and company told you the bad news from europe is back, and the $13 billion bailout in cypress. they want to pay for it by taxing people's bank accounts. dagen: the president will announce his no , nominee for s secretary. another looks at a man's record over at the justice department. connell: the cyber threats,
use it but there is a new plan to cap it and generate piles of revenue for the government. it could pull a rag out from under the marketnd the homeowners. the latest details you cannot afford to miss. even when they say it is not, it is all about "money." ♪ melissa: all right, first to today's market moment. the raid on deposits sending chills down the spines. the market phone for the second session in a row. the first back-to-back losses nearly a month in case you're keeping track. investors gear may be best reflected in the vix. our top story, the critical situation in cyprus threatening to set off a chain reaction around the world. the european nation wants to tax all bank deposits up to 10% in order to secure a $13 billion bailout for the government. this move is unprecedented, it would basically allow the government to skim the bank accounts of every single person who makes a deposit into a cyprus bank account. if that is not enoug the country has closed all banks until thursday so if the decision is made there will not be anything anybody can do if they have money in the ban
are in a good spot. >> the government is likely to stay open. >> the revenue discussion is over. >> at least for now. >> how could you describe the current state of the gop? >> you're asking me a question i can't answer. >> this is a party in turmoil. >> it's not about the messaging. it's the message. >> get ready, america, for a brand new republican party. >> we have a party that's goodbye to be inclusive. >> sign up today and get a free bag of weed. >>> the most memorable and most important day in the history of american presidential trips to israel was today. president richard nixon was the first president to go to israel. he may have done to simply to distract public attention from the investigation that was corroding his presidency and eventually led to his resignation, because we have had precious few presidents more cynical than richard nixon. the next president, gerald ford, did not go to israel. president jimmy carter visited israel, but ronald reagan never thought israel was worth the trip. nor did his successor, president george h.w. bush. then president bill clinton made up for t
story tonight how the government in cyprus is make being the situation there even worse, contributing to the chaos and virtually guaranteeing a bank run. the government says that cypriot banks won't open until next tuesday! meantime, atm withdrawals are being limited to 500 bucks with no bailout in sight, is there any solution to keep calm and carry on? that is the first question for today's money power panel. we have a former consultant to the imf and the u.s. treasury department. julia is a chief economist at pnb paribas and former economist for the u.s. federal reserve board. and the always wonderful steve moore. you recognize him from "the wall street journal." that is him on the right there. john, let me start with you. >> yes. melissa: seems like they're making a situation that could have been resolved because of course they're not taking the 10% levy on deposits but keeping banks closed. people are beginning to panic. they're almost guaranteeing a run on the bank. are they making the situation worse? >> not politically. if tomorrow you wake up and you find there is a 10% tax on
a solidarity, allowing the government to have power to impose capital controls on the big banks. while worried residents are lining up at atms. joining me now to help me with these developments is leadership for euro pacific capital. let me just start off the bat and ask you, the country has reed to this solidarity funds. but i can't quite tell if this is the solution that the eu wants. could make good on the threat to kick out cypress? >> anything is possible. you know, i think the outrage over this deposit tax is about the honesty of the approach. if you think about it, citizens around the world suffer from that tax. in the united states, how long have we had 0 #% interest rates in the united states? how much money have savers lost who keep money in the bank because they have not received interest on deposits all these years? what about prices? because the federal reserve does quantitative easing, food prices go up, gas prices up, and deposits lose value. at least with the tax in cypress, it was more honest. the government up front saying we're going to take your money. we're doing it secret
be a mushroom cloud. and that's not true. there was relationship between the iraqi government and the people who attacked us on 9/11. and yet, there's the republican presidential nominee, the last one to run, saying actually the iraq war was a war of liberation. at the republican convention this year, when they picked that nominee, the speech was given by the national security adviser during the iraq war, the one who said the smoking gun would be a mushroom cloud, who describe that war in her speech that night at the convention as a hard hard decision to keep us from being attacked again. ten years later it is hard to come to terms with the fact we went to war based on something the president told us that was not true. there is nothing that can bring back the more than 4400 american troops who died in that war, the more than 30,000 american troops wounded will not be made whole. we cannot bring them back. we cannot heal their injuries retroactively. and george bush and dick cheney and condoleezza rice are still around. in terms of how we get right with this as a country, the accountability can't
the truth. if not they should be held accountable. not for political views or governing philosophy but for making stuff up. tonight we are featuring michele bachmann. tonight she raced away from our dana bash who was trying to ask her questions about remarks michele bachmann made at the conservative political action conference over the weekend. in the statements she slammed the white house reaction during the attack that killed four americans in libya last fall. >> a war was raging in benghazi for hours and all we know is that our president went awol. [ booing ] >> while cries from american diplomats and soldiers went unanswered. >> then she shifted to government spending specifically the white house budget. >> a new book is out talking about the perks and excess of the $1.4 billion a year presidency that we are paying for. this is a lifestyle that is one of excess. now we find out that there are five chefs on air force one. there are two projectionists who operate the white house movie theater. they regularly sleep at the white house in order to be readily available in case the fi
congress passed legislation last september allowing the government to sell space memorabilia, a major auction is now taking place. next monday, 250 space artifacts are going to be up for bids. there are space suits, gloves, photos, emblems, flags, and items valued ate a few hundred dollars, some 100,000, remember when tom hanks played jimmy lovell and counted by hand? you can now bid on page of those hand written notes, although invaluable to the crew whose lives they safe they have an estimated worth of between 50 and $90,000, and also up for bid dehydrated potato soup from the vision. one of most expensive items, the space magna carta. the document signed by u.s. and uss astronauts, symboling the symbolic end of the space race. >> and looking at something that might beatle less pricey, there's a baseball hat from the recovery crew of apollo 15. the amount is $500. >> neil: how many do they expect to participate in this? obviously given the 40th 40th anniversary of apollo 17, last flight to the moon, but who are the folks, how many of the folks who are going out for the auction and b
government takes step to tame inflation. the metal extended last week's decline, dropping to $3.45 a pound. liz: we have phillip in the pits of the cme. a pretty wild day. plus our market panel. john tanglewood and ron weiner. before we get to those two gentlemen, let's start with phillip at the cme. it was an interesting day. at one point we were down nearly 120 points. another we would up 51 points. which side do we end tomorrow? >> real interesting day, liz. i woke up. i saw the news on cyprus. i turn on fox. everything is happy. i thought we would blow to the upside and it would be a great day. the clouds had lifted but it was behind us now. later on as the day developed dutch finance minister coming out saying this problem might not be over. we might assess other euro area banks and might be too large and ask them to restructure or downsize. that starts to get the fears of contagion. that's why you saw the s&p 500 give up its gains, trade off to the lows. you saw the euro currency sell off as well. a little bit of bidding coming into the end of the day. that is just your first quarter
our first look at just how big after case the government was building against the late internet activist aaron schwartz, a student at m.i.t. accused of habbing into the school's computer network. the university has now agreed to release whatever documents were handed over to federal prosecutors. schwartz's family hopes doing so will prove the case against their son was bogus. we never got to hear schwartz's full side of the story. he hanged himself in federal prison before the trial. >>> dennis rodman is that friend who can't keep a secret. the north korean dictator kim jong un just learned that the hard way. rodman told the british tabloid "the sun" that kim jong un's wife kept talking about her beautiful daughter during his trip there when he and kim became bffs. rumors of kim's secret daughter have swirled for a couple years but north korea never confirmed she existed. >>> now our sports lead. march madness is as much about big money as hoops. politicians here in d.c. are seeing dollar signs whether they filled out a bracket or not. the regionals of the ncaas will happen in w
the republicans miss is that even rich people need government. even if it is just to build the runways for their golf stream jets. it is not a case of charity. we're all in this together. this is the essential message that barack obama ran on with robert and ran on again in his re-election campaign. the republicans don't get that basic concept. even when they're talking about government programs, they're talking about them as charity. they're not charity. >> steve schmidt we're out of time on this segment, need a quick word before you go. your reaction to cpac? >> i said a couple weeks ago, it has become the star wars bar scene of the conservative movement. it was certainly that and more as we look at this. the good news for republicans is that group's power is mostly illusory. they're a group that will make a lot of noise, it will be incumbent on our serious candidates to call out the excesses of some of the people at cpac to be taken seriously by the middle of the country. >> robert gibbs, steve schmidt, howard fineman, thank you for joining me tonight. >>> coming up, a new poll show
too long. >> what do you make of the statement made by the iraqi government, the statement by the iraqi government yesterday that iraq has no weapons of mass destruction and is not developing any? >> they're lying. next? >> it is not knowable if force will be used, but if it is to be used, it could last, you know, six days, six weeks, i doubt six month. >> i doubt six months. >> my favorite donald rumsfeld assertions were how specific he tried to get about these things they were making up. 11 days into the war, he was asked by abc if he was surprised american forces hadn't found any weapons of mass destruction. his response, not at all. we know where they are. they are in the area around tikrit and baghdad and east, west, south, and north somewhat, yes, north, south, east and west somewhat. we know exactly where they are. donald rumsfeld is running from that history, having said things like that, made claims like that, not in passing, but as a case to the american people why we had to wage this war. donald rumsfeld has been running from what he did for years now. in 2006 wh
's what he's doing. he's like a federal government official. not watch what he says but what he's doing. that's why i love the guy. look at him he can't stop smiling. neither can you. you're both great. thank you so much. now folks, a busy day and night on capitol hill. the senate is busy voting on amendment after amendment in their budget bill. we got two distinguished senators about to join us give us their take and later on the show why can't police departments get any ammunition while the department of homeland security has bought up 1.6 billion rounds in the past year. there's no ammo for handdowns, shot guns, rifles, for training. what's up with this or is the dhs in a form of gun control that the congress can't legislate? folks don't forget free market capitalism is the best path to prosperity. stanford university stopped its course. we'll hammer them for it later in the show. i'm larry kudlow. please stay with us. zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'l
-free and it is not risk-free. there should be a risk premium associated with government debt and if you had a country like cyprus that essentially declared bankruptcy, and renegotiated these debt agreements, that might raise the interest rates of other countries. and that might not be such a bad thing. there would be more money going into private companies and less going into government. >> yeah. >> the other element of this i think is really interesting, there is a big debate whether the e.u. or whether russia will bailout cyprus. melissa: right. >> cyprus, according to recent figures i saw, the russians have about $50 billion invested in cyprus banks. so they have a lot at stake here. even though they seem tt be backing away from any kind of a bailout measure. melissa: no, absolutely. i think that is the larger story that maybe a lot of people are missing that this story has really a lot to do with russia. they have their hooks very deep in cyprus. that is their kay manned island equivalent. >> that's right. melissa: they talk about hey we bail you guys out in exchange for it we get natural gas field? o
, but the key question for cypress now, given that this is a brand new government, they've only been in town for three weeks and they made an ex politicsit promise that they wouldn't hit depositors, that's going to be the key issue. can they pass it through parliament? carolin roth is the best person to speak to you about that. >> julia, thank you so much for that. everyone here in cyprus is anxiously waiting for that vote on a very controversial bailout deal. now, i should mention that at this point, the ruling party under the president does not have a clear majority in parliament to be able to push through that controversial vote because press reports are indicating that up to three parties could be voting against that bailout deal because of that deposit tax component. now, the president is currently meeting with the leaders of the political parties. of course, what he's trying to do is to strong arm and to persuade them into voting for that deal because the other alternative, yes, that is bankruptcy for this country, which has only 1 million people and only makes up 0.2% of the entire eu
in 2011. >> no federal government employees, including counterterrorism agents, in the fbi, for example, no border agents. now, before we default, we could have time to make this sign for all points of entry. that's just the tip of the iceberg. >> i think he was being sarcastic, don't you? >>> now to the ones who were ill advised for whatever reason. first iowa republican congressman steve king with the solution for illegal immigration in the form of a construction project on the house floor. >> you can't shut that off unless we build a fence and wall. i want to put a fence in and a wall in. i designed one. this would be an example, then, of how that wall would look. you can also deconstruct it the same way. you can take it back down. i also say we need to do a few other things on top of that wall. one of them put a little bit of wire on top to provide a disincentive for people to climb over top or put a ladder there. we can electrify this wire, not a current that would kill anybody, but would be a deterrent. we do it in livestock all the time. >> now for one that made the loser list. i
in the state, colorado officials have responded by increasing security for other top government officials in the state. they have also increased security at the governor's mansion. this is happening in colorado at an already heightened time. the colorado legislature has been debating and passing gun reform legislation and that debate has been unusually contentious. they have pledged on the floor of the senate that they will disobey them. they will disobey the state's new laws. democratic lawmakers have received threats for their support of gun reform. criminal charges have been brought against people for making death threats against pro gun legislators. the sheriff in el paso county, which is where tom clements was killed, his office is the one in charge of the investigation, the sheriff is one of the sheriffs who has been highly critical of the gun legislation. so all of that pre-existing tension and those threats and that political battle on a day when a member of his cabinet was murdered by means of a gun, the governor in colorado today did not reschedule. he went ahead and signed thos
, gives government the authority to determine services that will and will not be covered, has a board independent of congress that can cut payments for care and allows the secretary of health and human services to force all health plans to eliminate any doctor that doesn't practice medicine the government's way. the history of government-run health care systems around the world is a history of denial, delay and sadly, even death. anderson, i notice that she responded not long after the democratic campaign committee which is in charge of getting rid of republicans, of defeating them in elections, put out a press release blasting her, saying she would rather be in washington as a right wing celebrity than solving problems back in minnesota for minnesota's middle class. remember, she got a scare back in november. her election, her congressional election was closer than she expected and democrats are hoping to beat her this time. >> we certainly appreciate the response. it doesn't seem to back up the claim, though, that this health care will literally kill women, children and senior citiz
business model change, but rates will increase for your customers yet again. the government has created such restriction on the marketplace. it is no longer free market. businesses are finding ways to skirt the laws. they are making full-time employees part-time employees. it does not help the 15 million unemployed. dagen: when president obama said if you like your health insurance, you can keep it. people will be faced with that choice if they work for a small company and they decide to drop coverage. >> that is unfortunately not true, dagen. the fact is that prices should actually go down. insurance companies have a great incentive to actually reduce their rates. there will be more people paying. there will be a very few of us that are not insured. dagen: they cannot charge market rates for people with health conditions. they are limited to what they can charge older people. some people's premiums will go up. younger people, healthier people at small businesses. >> that should not be the case. young healthy people will have a good incentive to get into the market as opposed to paying
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